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Gravity Fitness Signs 23K-SF Lease at Queens’ Flushing Plaza

An athletic club is following a gravitational pull leading it to eastern Queens. Gravity Fitness signed a long-term, 23,000-square-foot lease at Muss Development’s Flushing Plaza at 41-61 Kissena...

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French Consulting Firm Wavestone Leases 10K SF at 511 Fifth Avenue

Wavestone, a global strategic business and technology transformation consulting firm, has inked a 9,812-square-foot office lease at 511 Fifth Avenue, an 18-story Midtown office building recently...

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Dwight Capital Refis Philly Apartments With $32M HUD Loan 

Scannapieco Development has landed $32 million of agency-backed debt to refinance a newly built Philadelphia multifamily property, Commercial Observer has learned. Dwight Capital closed the U.S....

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CRE Law Firm Adler & Stachenfeld Takes 40K SF at 1301 Avenue of the Americas

Commercial real estate law firm Adler & Stachenfeld (A&S) is relocating its New York City offices within Midtown. The practice, which was founded in 1997 by Bruce Stachenfeld and Terri Adler,...

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The AI Infrastructure Industry Has Entered Its Coordination Crisis

A data center can now be built in 18 months. The transformer that powers it can take as long as four years to arrive. And the transformer is only one of the clocks that has to line up. Power, cooling,...

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Steve Wylder On Safehold’s Plan to Fill Affordable Housing Capital Gaps

Safehold has spent nearly a decade modernizing the ground lease strategy of owning the land underneath a development to reduce costs for builders and users. More recently, the real estate investment...

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Blackstone Sells Fort Lauderdale Industrial Campus for $57M

Blackstone’s industrial arm has sold an industrial campus in Fort Lauderdale, Fla., for $57 million. Industrial investor BKM Capital Partners and Boca Raton-based Kayne Anderson Real Estate purchased...

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Affinius Capital Provides $95M Construction Loan for Oregon State Student...

Fields Holdings has secured $94.8 million in construction financing to build Zev Corvallis, a 13-story, 262-unit student housing complex on the campus of Oregon State University in Corvallis, Ore.,...

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Record Diesel Prices Fuel More Challenges for Retail Real Estate

When it comes to diesel prices’ impact on U.S. retail, the pain at the pump is being felt in retailers’ real estate strategies.  Diesel fuel, a key component of transportation costs that impacts the...

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U.S. Government Buys SoCal ICE Complex for $950M

GEO Group has sold a three-property immigration detention complex in Southern California’s Inland Empire for $950 million to the federal government for the U.S. Immigration and Customs Enforcement...

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Chicago Leads CMBS Distress Among 11 Metros in MLB Playoffs

Both the Chicago Cubs and the Chicago White Sox reached Major League Baseball’s 2026 postseason, but the owners of the city’s office towers in the commercial mortgage-backed securities (CMBS) market...

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Canyon Adds Chad Goodman From Related as Head of Eastern, Central Region Credit

Canyon Partners Real Estate is expanding its credit platform with the addition of Chad Goodman from Related Fund Management to lead opportunistic organizations across the Eastern and Central U.S.,...

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The Hekemian Group Scores $45M Recap From RXR, North Carolina Investment...

The Hekemian Group has secured a $45 million loan to recapitalize District Montvale, a 308-unit multifamily property that opened in 2022 and is part of the larger DePiero Farm master development in...

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Silver Heights, Nuveen Green Capital Lend $36M on Philly Apartments Build

Riverwards Group has landed $35.8 million of construction financing to develop a multifamily project in Philadelphia as the next phase of its master-planned residential community, Commercial Observer...

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Trebellar, an AI Platform for Corporate Occupiers, Raises $18M Series A

Trebellar, an AI-native platform for corporate real estate, announced that it has raised an $18 million Series A to automate enterprise real estate portfolio strategies. Blossom Capital led the round,...

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Jessica Rascionato of Citizens Bank Talks Shop

Jessica Rascionato is the head of commercial real estate at Citizens Bank, where she leads the bank’s $25 billion national CRE strategy with an emphasis on capital flows, financial trends and...

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L.A. Might Be Commercial Real Estate’s Best-Kept Secret

For at least the past six years, finding investors with positive sentiment around investing in Los Angeles has felt more difficult than finding a taker for your Chargers season tickets.  That’s...

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Sunday Summary: The Best Office Market in Years

Friday we were hit with employment numbers that were disappointing. The economy added only 29,000 jobs in September, and the U.S. unemployment rate ticked up to 4.2 percent. Moreover, borrowers need to...

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Kolter, BH Inch Toward Buyout on Oceanfront Miami Beach Condo

Developers Kolter Group and BH Group are almost done assembling their oceanfront site in Miami Beach, with plans to redevelop it into a luxury condo complex. The joint venture now owns the majority of...

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Google Relocation Leads D.C.’s Office Market in Q3

Washington, D.C.’s office market held relatively steady in the third quarter, but the divide between trophy properties and the broader market was extended. Tenants leased about 1.8 million square feet...

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